Today will tell. 69 cents is a definite sell level in this market. if selling continues RMS is looking weak for next short time. The recent grades (Wattle) were actually pretty poor considering the mining area and instability of terrain as they mine deeper. I worked as a mining engineer at West Driefontein in the 70,s to 1980 (now Driefontein owned by goldfields - deepest mine in the world. Grades in those days were 20 gm per ton. now as mines get deeper grades need to be about 5 depending on depth and stability.
Heres hoping it holds up!
strong close 400k for 75c in last minute, page-2
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Last
$2.03 |
Change
-0.100(4.69%) |
Mkt cap ! $2.344B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.07 | $1.96 | $11.29M | 5.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 110172 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 27647 | 3 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |